Subjects offered: Economics, Accounting, Business Studies
Department Head – Mr. J. Moncy – ECONOMICS
The aim of teaching Economics is to give the students the knowledge and skills, including impacting to learn the ability to explain and analyze economic issues and arguments. Students who do Economics learn the ability to evaluate economic information and organize, present and communicate ideas and judgments clearly.
The subject provides a sound foundation of economic ideas and prepares students to have a good understanding of modern day economic issues at micro level and macro level in any economy. Economics is introduced at year 10 and the students cover the IGCSE syllabus in two years. Their final exam is written in year11.
After passing the IGCSE economics, a student can progress to study the AS Level economics syllabus. The full A level economics is taught in two years; the first year (year 12) and the second year (year 13). In order to have a full grade for A level economics, one has to pass all the four papers (2 at AS level and 2 at A level).
Business Studies is a foundation subject introduces student to Accounting and Business studies. It is taught from year 7 up to year 9. The subject prepares students for the IGCSE exam syllabuses which are introduced at year 10.The Business Studies syllabus is designed to allow students to have a good knowledge and understanding of the nature and scope of the modern business environment, and the role business plays in society.
The subjects introduces students to economic, environmental, ethical, governmental, legal, social and technological issues, and encourages a critical understanding of organizations, the markets they serve and the process of adding value. The subject helps to develop the candidates’ skills in using financial, marketing and management information in a practical business setting.
It also allows students to develop the ability to examine the management of organizations and, in particular, the process of strategic management and decision-making in the context of a dynamic external environment. It further encourages students to further be aware of the influence of various state holders on businesses .Business Studies is introduced at year 7 and taught up to year 9.
The IGCSE syllabus is further taught in detail from year 10 and 11 (two years), in preparation for the final CIE examination. This exam has got two papers .The AS and A level business studies syllabus is two a in two years (year 12 and year 13). In order to attain a full grade in Business studies, a candidate must pass three papers (Paper 1 and 2 at AS level and Paper 3 at A level).
The Accounting syllabus allows students to gain skills that include; an ability to apply accounting concepts, principles and practices; an understanding of the role of accounting as an information system for monitoring, problem-solving and decision making and the place of accounting in changing economic, social and technological environments; an ability to examine and evaluate accounting policies and practices critically and analytically; improved skills of communication, analysis, interpretation and presentation of both qualitative and quantitative accounting information.
Accounting is introduced as a component at year 7 in the subject called Business Education. Nevertheless a proper IGCSE Cambridge Accounting syllabus is taught for two years (in year 10 and 11). The final examination is taken in year 11 . After IGCSE, the candidate progresses to the AS level syllabus and then the A level syllabus.